Thursday, October 3, 2019

Indian Subsidiary Co. not an agency PE if it had no authority to conclude contract on behalf of Foreign parent Co.

INTERNATIONAL TAXATION: Where Indian subsidiary company neither concluded any contracts on behalf of assessee-US company since it had no such authority nor secured any orders for it in India, it could not be regarded as 'Agency PE' of assessee in India

from www.taxmann.com Latest Case Laws https://ift.tt/2nT9Ny5
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